Kotak Mahindra Bank falls short of quarterly profit expectations because of increased provisions.
Kotak Mahindra Bank Reports Lower-than-Expected Q2 Profit MUMBAI, Oct 25 – Kotak Mahindra Bank, a prominent private lender in India, revealed on Saturday that its profit for the second quarter was less than anticipated, largely due to increased provisions for potential bad debts. The bank, which is the third-largest private lender by market capitalization, reported […]